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What percentage will operating income? increase

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Classy Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including? Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell $80 for per passenger. ?Classy Cruiseline's variable cost of providing the dinner is $40 per? passenger, and the fixed cost of operating the vessels? (depreciation, salaries, docking? fees, and other? expenses) is $240,000 per month. The? company's relevant range extends to 16,0000 monthly passengers. The breakeven sales are 6000 tickets sold.

Problem a. Compute the operating leverage factor when Cruiseline sells 8000 dinner cruises.

Problem b. If volume increases by ?9%, by what percentage will operating income? increase?

Problem c. If volume decreases by ?4%, by what percentage will operating income? decrease?

Reference no: EM132950395

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